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I'm finalizing the loan for a 4plex. The loan is 30 years for $240K and the quoted rate is 5.125%. I can buy it down to 5% for $1013, or 4.875% for $1644.
If I buy it down to 5% I save $25 in interest per month. It w...
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The Capital Raising ChecklistThank you to everyone who chimed in on the previous thread “What is your best piece of advice for raising capital” to discuss their best piece of advice on raising capital. As I look over...
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How much time BRRRR would take for a first single-family house (finding a deal, rehab management, taking a loan, etc.)? How much time do you put in and how much money do you get out per hour? Do you think it's possibl...
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Newbie here. My primary residence has appreciated roughly $200k and I’m trying to figuring out what would be the best investment route to take. Any suggestions would be greatly appreciated.
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Hi all,
so I recently purchased a duplex, and just two months later we have a disaster happening. the pipe leading the sewage water to the street collapsed, and now sewage water is flooding into my tenants basement. ...
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Hello, just needing some clarification on capital gains rules. If i flip a house in under one year thats short term cap gains correct? At what percent does that get taxed?
now heres the caveat. I heard/read somewh...
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Hey there!I'm super stoked to be here and very thankful for all the information bigger pockets has to offer. Its seriously been life changing listening to the podcasts.I recently got my real estate license for Califor...
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Hello,Trying to decide if its worth doing a lead-paint based testing on our first house hacking property that we are under contract for? The home was built in 1962 and lead-based paint testing is recommended for home ...
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I just got done listening to the podcast with Matt Landau on vacation rentals. It was filled with a lot of awesome information that was very helpful. I wanted to start up a discussion on what cities are good to i...
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The homeowner gets whatever the property garners at an auction above the debt and processing costs of the lender, correct?
I understand the pro's use a general 70% rule of thumb for bidding. So it should be relativel...